Former Romanian PM Dacian Ciolos, who led a technocratic government in 2016, and a team including many ministers of that government announced the launch of a new party late last week. On Sunday evening, he claimed during a TV show that his Romania Together Movement has already drawn 30,000 supporters on its website, 17,000 of which want to become members.
President Nicuşor Dan is participating in the Ukraine - South-Eastern Europe Summit on June 11, taking place in Odessa. The Romanian head of state also paid an official visit to the Republic of Moldova on Tuesday, June 10. The Ministry of Foreign Affairs announced on June 10 the participation of foreign affairs minister Emil Hurezeanu […]
Schrack Technik Romania, the subsidiary of the Austrian group Schrack Technik GMBH, one of the most important players (manufacturer and distributor) in the electrical installations market, has completed an investment of over EUR 15 million in the construction of a new state-of-the-art logistics center, in Domnești, near Bucharest, according to
The investment fund Mid Europa Partners, one of the most active investors in the local market, reached an agreement to sell Urgent Cargus, the second largest courier company in Romania, to Sameday – the courier company in the same group with the online retailer eMAG, according to Profit.ro....
The Romanian economy will grow by 1.3% this year, compared to a 2.1% advance expected in January, according to the Global Economic Prospects report published by the World Bank on June 10. The WB also cut its forecast for Romania’s economic growth in 2026 to 1.9% from 2.6% in January. The bank thus cut its […]
Romania’s exports in goods contracted by 5.2% y/y to EUR 7.87 billion in April, while the imports edged up by 0.4% y/y to EUR 11.01 billion, resulting in a trade gap of EUR 2.69 billion – 22% wider compared to the same month of 2024, according to data published by the statistics office INS. In […]
The general government budget deficit under cash terms reached 3.4% of GDP in the first five months of the year, according to preliminary data announced by Profit.ro. The deficit-to-GDP ratio is at the same level as it was...
